Pan-Asia Index Flows & Special Situations, Quiddity Advisors

Janaghan Jeyakumar, CFA

Equity Analyst with experience in fundamental and event-driven research in Frontier and Emerging markets. 

On Smartkarma, I mainly publish insights on index flow events in the Asia-Pacific region. This includes predicting regular and intra-review index changes and estimating upcoming passive flows. I also cover special situations such as mergers & acquisitions, equity offerings, buybacks, and other corporate restructuring events.

Pan-Asia Index Flows & Special Situations

Small Cap Growth: Link-U (4446) – Undercutting AWS

Historical TOPIX Inclusions:  What Flavor Performs Best?

TOPIX Inclusion Pre-Events: Who Is Ready?

TOPIX Inclusion Pre-Events: Recent "Tachiaigai Bunbai" Round-Up

Quiddity Advisors

Pan-Asia Catalysts/Events

Event-Driven

In my recent insight, <a href="https://www.smartkarma.com/insights/topix-inclusion-pre-events-who-is-ready" target="_blank" data-smartkarma-citation="insights:41091" rel="noopener">TOPIX Inclusion Pre-Events: Who Is Ready?</a>, I mentioned <a href="https://www.smartkarma.com/entities/link-u-inc" target="_blank" data-smartkarma-citation="entities:29204:1" rel="noopener">Link-U (4446 JP)</a> as a potential TSE1-promotion candidate under the "Non-REDs about to complete Post-IPO Waiting Periods" section. The 1-year post-IPO waiting period for the stock ended on 17th July 2020. Today, after market-close, <a href="https://www.smartkarma.com/entities/link-u-inc" target="_blank" data-smartkarma-citation="entities:29204:1" rel="noopener">Link-U (4446 JP)</a> announced (<a href="https://www.link-u.co.jp/irdata/news/ir-news_200721.pdf" target="_blank" rel="noopener">J-only</a>) they had received approval to move from MOTHERS to TSE1 as of <a href="https://www.jpx.co.jp/english/listing/stocks/transfers/01.html" target="_blank" rel="noopener">29th July 2020</a>. TSE1 reassignment triggers inclusion into the TOPIX Index and I expect the Inclusion Event to be at the close of trading 28th August 2020. Founded in 2013, Link-U Inc is a Tokyo-based company involved in the server platform business. They mainly focus on e-book and video distribution in Japan. They also provide application development services on iOS/Android/Web platforms. In this insight, we take a look at the Index Inclusion Parameters and the Fundamentals of the company to evaluate the upside potential of the TOPIX Inclusion Event.

In my recent insight, TOPIX Inclusion Pre-Events: Who Is Ready?, I mentioned Link-U (4446 JP) as a potential TSE1-promotion candidate under the "Non-REDs about to complete Post-IPO Waiting Periods" section. The 1-year post-IPO waiting period for the stock ended on 17th July 2020. Today, after market-close, Link-U (4446 JP) announced (J-only) they had received approval to move from MOTHERS to TSE1 as of 29th July 2020. TSE1 reassignment triggers inclusion into the TOPIX Index and I expect the Inclusion Event to be at the close of trading 28th August 2020. Founded in 2013, Link-U Inc is a Tokyo-based company involved in the server platform business. They mainly focus on e-book and video distribution in Japan. They also provide application development services on iOS/Android/Web platforms. In this insight, we take a look at the Index Inclusion Parameters and the Fundamentals of the company to evaluate the upside potential of the TOPIX Inclusion Event. 

Link-U

TOPIX Inclusion (4446 JP): Link-U Inc